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Speaker 1: So more of the good numbers on exports for December

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Speaker 1: quarter twenty nine billion dollars. That was up two point

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Speaker 1: two billion on last year. Dairy up ten, tourism up

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Speaker 1: nine point five, meet up twenty one point four. The

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Speaker 1: war and shipping disruption ahead wind of course. Todd McClay

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Speaker 1: Trade minister with us this morning. Minister, Good morning, right,

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Speaker 1: and hey, good morning. Any update on the Middle East

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Speaker 1: situation from you, by the way on our goods getting

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Speaker 1: the market, Yeah, we'll.

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Speaker 2: Look there the information I received yesterday and a lot

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Speaker 2: of us are sort of working at space. The way

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Speaker 2: through the system still is that shipping lines are putting

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Speaker 2: in place their contingencies where they are moving goods that

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Speaker 2: are distance rather nations not through that part of the world.

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Speaker 2: So that means some delays for exporters, but the goods

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Speaker 2: will still get to market. The middlease itself remains closed.

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Speaker 2: In fact, yesterday we're out on the ground and Auckland

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Speaker 2: else we're talking directly and to exporters and they are,

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Speaker 2: you know, at this stage is not concerned. A number

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Speaker 2: of them have insurance in place there be an extended

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Speaker 2: period of time that they can't get good into those markets.

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Speaker 2: But at some stage not too different futures. Some of

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Speaker 2: the ports we think we'll be starting to open up,

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Speaker 2: however in the first week and they've seen overnight, and

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Speaker 2: it's sort of a very precarious situation.

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Speaker 1: Yeah, I spoke not sir Nathan guy yesterday. He mentioned

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Speaker 1: that mb might need to get involved with changing a

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Speaker 1: few rigs around a country of destination rules have you?

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Speaker 2: Are you across that all? So all of that stuff

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Speaker 2: can happen quite quickly when needed, no problem at all. So,

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Speaker 2: I mean the advice that will give you any export

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Speaker 2: is where they have particularly concerns for what they're doing

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Speaker 2: just to reach out. But actually is a very close

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Speaker 2: relationship between you know, MBM fact particularly and our exports.

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Speaker 2: We've given that export such an important part of our economy.

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Speaker 2: So whatever we need to do or do as quickly

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Speaker 2: as we can, very good.

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Speaker 1: Did you see Trump's offer to help to let the

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Speaker 1: US Navy guide the ships through the Strait?

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Speaker 2: I haven't seen that, so no, that's not across my

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Speaker 2: desk here right.

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Speaker 1: The export numbers in general, the story can continues to

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Speaker 1: be well, a great one for New Zealand.

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Speaker 2: Yeah, it's very very positive and we've been seeing in

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Speaker 2: upsource for a period of time. It's two things. It

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Speaker 2: is extra demand, a lot more demand for the high

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Speaker 2: quality products, particularly you know, food and fiber that we produce.

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Speaker 2: There's also, you know, we are more competitive markets with

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Speaker 2: the New Zealand dollar having been a little bit lower

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Speaker 2: for a period of time. But Ryan, I think a

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Speaker 2: couple of standouts you mentioned earlier. You know, Dare is up,

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Speaker 2: but meet at twenty one percent increase is quite phenomenal

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Speaker 2: the areas of the world that we're seeing increase or

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Speaker 2: growth in our exports countries we have free trade agreements.

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Speaker 2: So the EU was up more than twenty two percent

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Speaker 2: in that quarter, the UK thirteen percent, Australia of course

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Speaker 2: it's very very strong, as is China, and interestingly, the

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Speaker 2: US up almost eight percent even with those tariffs in place.

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Speaker 2: Seems use consumers want you know, New Zealand food and

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Speaker 2: they're willing to pay a bit more for it.

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Speaker 1: As a trade minister, are you wanting Trump to just

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Speaker 1: like stop with the terraffs and stop with the walls please?

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Speaker 2: Well, I think I like the war. I think i'd

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Speaker 2: like all wars to start. But that's a much longer

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Speaker 2: conversation so what we need is, you know, the uncertainty

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Speaker 2: to go away. New Zealand thinks tariffs are harmful. We

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Speaker 2: have very very low terrif rates here. I mean, if

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Speaker 2: you think about India, that's a very high teriff area.

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Speaker 2: Our wine face one hundred and fifty percent, sheep meet

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Speaker 2: thirty percent. By comparison, Indian goods into New Zealand are

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Speaker 2: around about two percent, so very very low. We still

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Speaker 2: get to trade when there are you know, high teriff rates,

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Speaker 2: albeit it is harder, but it's the certainty that allows

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Speaker 2: of a trade agreement, that allows our exporters to decide

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Speaker 2: to put effort into a market. So when there are

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Speaker 2: changes in tteriff rates or conditions or rules, it makes

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Speaker 2: it very very hard and uncertain. Our exporterers may not

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Speaker 2: want to be in there, or it's harder to make

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Speaker 2: those long term business relationships. So yes, we'd like the

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Speaker 2: tiff rates to go away. We don't think warranted against

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Speaker 2: New Zealand from the US. But what we need even

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Speaker 2: more is some certainty so that the you know, businesses

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Speaker 2: on both sides in the US and you can start

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Speaker 2: planning again.

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Speaker 1: Hey, we spoke yesterday about the golf States and now

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Speaker 1: you've got friends counterparts there. Have you spoken to any

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Speaker 1: of them? Do you know whether they know? What are

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Speaker 1: they telling you?

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Speaker 2: So I've been messaging as opposed to phoning out the

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Speaker 2: last day or so, you know, just to express our support,

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Speaker 2: to check in and see how they are, both from

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Speaker 2: the point of view, you know, professionally, but also in

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Speaker 2: a couple of those countries have grown quite strong friendships

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Speaker 2: with some of their trade ministers as we've worked away

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Speaker 2: at the trade deals over the last year or two. Look,

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Speaker 2: they are very, very concerned, but they have very solid

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Speaker 2: plans in place. I mean, I think the most interesting

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Speaker 2: thing is, at least you're seeing through the media, is

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Speaker 2: that their defense systems that they have and all of

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Speaker 2: those countries are unbelievably robust and they are protecting them.

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Speaker 2: But as I've said on your your other show earlier

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Speaker 2: in the week, you know, we strongly condemned the actions

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Speaker 2: of Iran and attacking friends and neighbors and civilians in

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Speaker 2: those areas, and the should stop.

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Speaker 1: They went harder on in the first twenty four hours

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Speaker 1: the Gulf States, the US Saudis at least than they

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Speaker 1: did on Israel.

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Speaker 2: For more from early edition with Ryan Bridge listen live

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